Silicon Valley is throwing everything it’s got at fighting a wealth tax in California. This is class struggle from above — and it shows why oligarchy is fundamentally incompatible with democracy. Just look at who’s lining up to oppose @RoKhanna’s proposal. 🧵 #WealthTax #ClassStruggle #Oligarchy #US
These bourgeois vandals are more dangerous than the delinquents from the suburbs. They also wreak havoc in France with impunity. But these are integrated into society and have French first names. Luxury vandals are more dangerous than the savages produced by their society. (translated)
The article discusses how the increasing profitability of capital outpacing economic growth and wages allows wealth holders to perpetuate their advantages, necessitating a reevaluation of social class concepts that now encompass inherited wealth, education, and social networks, while emphasizing the changing nature of labor and the role of trade unions in addressing contemporary inequalities and supporting a diverse workforce amidst a fragmented labor market. #SocialInequality #LaborMovement #ClassStruggle #UY
